How To Buy Bitcoins Safely And Without Risk

How to buy Bitcoins safely and without risk

Today we are going to explain how to buy Bitcoins safely and without risk. To do this, we will teach you how to purchase through Coinbase, one of the most popular and easiest pages to carry out this operation, and also one of the most reliable and secure to date.

We will also take the opportunity to review some of the main pages with which you can dedicate yourself to buying cryptocurrencies. And when we finish we will do a quick review so that you can know where you can use this currency to make your payments.

Secure pages to acquire Bitcoins

There are several pages where you can buy your Bitcoins quite safely and with almost no risk. These are large platforms with a good user base, and whose main intention is to simplify the process as much as possible. You just enter, and pay with your card the amount of Bitcoin you want and that’s it. Here are some of the main ones.

  • Coinbase: This is one of the most popular websites you can find, fast and easy to use. You can buy bitcoins by bank transfer or with your credit card with a commission of 3.5%. It is so popular that it is the one we are going to use today to guide you through the purchase process.

  • Binance: Another of the most popular platforms in the world for the purchase of cryptocurrencies. Its website is translated into Spanish, and it has mobile and desktop applications to access from anywhere. The commissions will depend on the amount of money you are going to spend, although with a maximum of 0.1%.

  • FTX: It is the third major cryptocurrency trading portal behind the first two. As for its commissions, they are up to 0.07% maximum when buying and selling cryptocurrencies, without any commission when carrying out cryptocurrency conversion operations.

  • Kraken: Another of the largest portals in terms of buying and selling cryptocurrencies. On their website, you can register, after which it can take a while until you are verified. Once verified you can make free transfers throughout Europe, and when buying Bitcoins it asks you for a commission of between 0.16 and 0.26%.

  • LocalBitcoins: A somewhat different platform than the others, as it focuses on person-to-person (P2P) buying. That means that they do not charge you any commission unless you want to create an ad, although it can also be a bit more complicated for new users.

  • Bitstamp is another of the main pages where you can buy Bitcoins and other cryptocurrencies, exchanging dollars and euros for them. Their commissions depend on the volume of your purchase, and they promise you full transparency.

How to buy Bitcoins on Coinbase

The first thing you have to do to buy Bitcoins is to register on one of the pages where they allow you to buy them. We are going to use Coinbase, for example, where to register you have to click on the Register button that appears in the upper right part of its main page.

Next, you have to enter a few personal data, such as your name, surname, email, and password. Once you fill them in and choose the option I am not a robot, click on Create account to complete the registration.

When you do, you will receive a confirmation email in the email you entered. Use it to confirm your account. Next, the registration process will ask you to register your phone number as an extra security measure, and you will have to write a code that will be sent to you by SMS to confirm it. Once you do, that’s it, your Coinbase account will be created.

Once you have created your account, you will still have two steps to complete it. First click on Verify your identity (1) to upload a photo of your ID following the steps, and then click on Add a payment method (2) to complete your registration by attaching the credit or debit card with which you want to make payments.

Once you complete the complete registration (it may take several attempts to enter your ID), you can start buying and selling your cryptocurrencies. For that, click on the Buy/Sell option that you have at the top of the screen. By doing so you will go through the cryptocurrency purchase process.

On the next screen, you have two steps to take. First choose the cryptocurrency you want to buy (1), and then select the amount of euros you want to buy in the EUR box (2). On the right you will have a breakdown of what you get and the price of the commissions. Once you finish, click on Buy Bitcoin.

You will go to the last screen in which you must click on Confirm purchase to confirm the operation, and after doing so, you may have to enter the code that is sent to you by SMS to fully verify it. Once done the transaction will be completed. If you have attached your credit or debit card, the operation will be done instantly, and if you entered your account number it will take a couple of days.

Where to use Bitcoins safely

Where to use Bitcoins safely

For a long time, there has been a good repertoire of pages where you can use Bitcoins to pay. Services as varied as domains or VPNs already allow you to use this cryptocurrency. In addition, pages like offer you complete lists of all the websites that allow their use.

There are also initiatives made by users to highlight physical stores that allow Bitcoin as a payment method. One of the most complete is Coinmap, which shows you a map with your location and the main businesses around you that accept cryptocurrency.